Pizza Pilgrims plans four new sites as revenue rises to £29m

The group, which currently amounts to 20 sites, said that earnings before interest, taxes, depreciation and amortisation before exceptional items was £2.4m for the year to 25 June 2023, up from £1.1m in 2022, while pre-tax profit was £700,000.

It said demand was particularly strong at its sites in in Carnaby Street, Victoria and Waterloo in London, as well as Cambridge and Leeds.

New sites will be opened in Euston and King’s Cross in June and November respectively, along with Cardiff in August and Edinburgh by December.

The group has diversified in recent years, launching a pizza at home kit with Ocado, which now accounts for 19% of income.

Pizza Pilgrims co-founder Thom Elliot said: “The strong trading across the business, led by Gavin, Sophie and the team, underlines the commitment we have made to serve the best, authentic Neapolitan pizza with our own twist. 

“We have always strived to grow at the right pace, and we remain focused on building a sustainable business for the long-term, which will continue to delight customers and support our teams for decades to come.”